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The National Health Insurance Authority is an agency of the government of the Bahamas, established under the National Health Insurance Act 2003. It is intended to secure the implementation of a national health insurance policy that ensures access to basic healthcare services to all residents.
The National Health Insurance program was established in 2017. This program gives anyone who is a resident of the Bahamas, healthcare for no cost up front when receiving the service. [2] There are about 42,000 Bahamians or 10% of the population that have enrolled, but membership is voluntary. The Out Islands are serviced by small government ...
Only a single $7.95 stamp depicting the islands' national bird, the flamingo, has been recorded, [1] but contributions were based on six wage groups so at least five other stamps were also issued. The National Insurance was established in the Bahamas on 7 October 1974, [2] and the use of stamps to pay contributions ended in 1984–86. [3]
He was re-elected to Parliament in the General Election of June 1982, and appointed Minister of Housing and National Insurance (1982-1984). [2] In 1982, he also became Chairman of The Bahamas Mortgage Corporation, an institution established to secure and guarantee housing financing for Bahamians in need of that service.
Alfred Michael Sears is a Bahamian Progressive Liberal Party politician, lawyer, and educator serving as the Minister of Immigration and National Insurance since 2023. He also serves as the Member of Parliament for Fort Charlotte, a position he has held since 2021.
The Bahamas does not impose income tax, inheritance tax or wealth tax. Social security tax is payable to the National Insurance Board at 3.9% by employees and 5.9% by employers, or 9.8% for self-employed individuals, up to maximum amounts. [8]
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